Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16793 with take profit at 1.16889. Bearish Preference: Sell position is envisaged if price trades below 1.16544 with take profit at 1.16441. Fundamentals:1:30pm USD Core PCE price IndexUSD Chicago PMI3:00pm USD Revised UoM Consumer Sentiment Comment: The dollar hovered near its weakest level in a …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 113.670 with take profit at 113.799. Bearish Preference: Sell position is envisaged if price trades below 113.474 with take profit at 113.357. Fundamentals:1:30PM US Advance GDP q/q1:30pm Unemployment Claims Comment: The dollar edged higher in early European hours Thursday, with policy decisions by central bankers in …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37806 with take profit at 1.37900. Bearish Preference: Sell position is envisaged if price trades below 1.37519 with take profit at 1.37416. Fundamentals:1:30PM US Advance GDP q/q Comment: GBPUSD is currently trying to get back above 1.3745 while the U.S. dollar is flat against a broad …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.96 with take profit at 1792.96. Bearish Preference: Sell position is envisaged if price trades below 1784.80 with take profit at 1782.80. Fundamentals:1:30pm USD Core Durable Goods Order Comment: It appears that gold is struggling to maintain gains above USD 1800.00. It appears that despite …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37818 with take profit at 1.37918. Bearish Preference: Sell position is envisaged if price trades below 1.37438 with take profit at 1.37338. Fundamentals:Tentative: GBP Annual Budget Release Comment: The dollar edged lower in early European trade Wednesday in calm trading ahead of next week’s Federal Reserve …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1806.86 with take profit at 1809.16. Bearish Preference:Sell position is envisaged if price trades below 1798.57 with take profit at 1796.27. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: Gold was down on Tuesday morning in Asia. The dollar, which usually moves inversely to gold, …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 114.051 with take profit at 114.166. Bearish Preference: Sell position is envisaged if price trades below 113.851 with take profit at 113.717. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: The dollar edged higher Tuesday, rebounding from a one-month low although gains are small ahead of the …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37947 with take profit at 1.38043. Bearish Preference: Sell position is envisaged if price trades below 1.37553 with take profit at 1.37438. Fundamentals:No major fundamental Comment: The dollar was up in early trading Tuesday morning in Asia, following a high reached overnight during the U.S. trading …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23689 with take profit at 1.23776. Bearish Preference: Sell position is envisaged if price trades below 1.23490 with take profit at 1.23406. Fundamentals:No major fundamental Comment: The Canadian Dollar’s strength in recent days slowed heading into the final full trading week of October. Still, that leaves …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16127 with take profit at 1.16198. Bearish Preference: Sell position is envisaged if price trades below 1.15983 with take profit at 1.15909. Fundamentals:No major fundamental Comment: The safe haven US Dollar has recently lost momentum against major currency pairs as fundamentals continue to weigh on …
